Key insights and updates from the Permissionless Conference... up to this point.
Monday, May 16th opened Permissionless This crypto conference taking place in Palm Beach, FL is put together by a prominent financial media outlet. Blockworks They have ambitiously labeled it 'the cultural event of the year,' and over the last few days, it has indeed showcased an impressive array of crypto leaders, spanning sectors from DeFi to NFTs.
With three full days of programming scheduled through tomorrow, a wealth of insights and announcements have already created ripples across the industry, especially following what Jake Chervinsky from the Blockchain Association termed Twitter one of the most challenging weeks in the history of cryptocurrency—a period we will remember for years to come—due to the crippling effects of TerraUSD. meltdown and greater market fluctuations.
The turbulence prompted A16z to publish their inaugural report, a document highlighting the unending possibilities within the crypto realm amid its challenges. This unwavering optimism was echoed by A16z's general partner, Chris Dixon, during his presentation at Permissionless yesterday. So far, notable appearances include a keynote where State of Crypto Robinhood's Co-Founder Rob Tenev grabbed attention as he announced new developments regarding their cryptocurrency wallet. The conference has even garnered recognition from Politico as ' Following Tenev's keynote yesterday, Nansen's CEO Alex Svanevik delivered a talk entitled 'Building the Information Super App of Web3,' during which he revealed the acquisition of multi-chain portfolio tracker Ape Board. A session Crypto’s silver lining playbook .”
led by Nansen emphasized: 'By merging Nansen's analytics capabilities with Ape Board's portfolio tracking tools, we are setting the stage for a unified information service—this is just the initiation of a broader strategy to enhance Nansen's role as the key information super-app within Web3.' statement The announcement included quotes from Svanevik's conference talk: 'We aspire to aggregate all the market intelligence necessary for traders, institutions, or businesses under a single roof. With this acquisition, we're forging the pathway to becoming the indispensable information super-app for the entirety of Web3.' Shortly thereafter, Svanevik participated in a panel titled 'Investing in an On-Chain world' alongside notable figures like Haseeb Qureshi from Dragonfly Capital and Soona Amhaz, founder of Volt Capital.
In other updates, Stani Kulechov, the founder of the DeFi lending platform Aave, made a splash by stating that he 'had been temporarily suspended from Twitter for designating himself as the interim CEO.' Today, there was coverage of Kulechov's on-stage announcement—likely from this morning's 'DeFi State of the Union' panel—indicating that the long-awaited decentralized social media platform from Aave is set to launch today. According to CoinDesk, this new feature 'allows developers to create their own decentralized social media networks where users maintain full ownership of their data.' Users can start minting their profiles on the Polygon blockchain mainnet today. An Aave representative mentioned 'approximately 50 applications are already built on Lens.'
'We believe that just like DeFi, the ownership of profiles and content should belong to you,' Kulechov also remarked during his address, highlighting the core principles that both Aave and Lens share. CoinDesk Tomorrow's keynote will feature Michael Shaulov, who is the CEO and Co-Founder of Fireblocks, a custodial platform. Before that, it will be fascinating to see what insights emerge from today's panel titled 'Marketing in Web3,' featuring Coinbase's Chief Marketing Officer Kate Rouch, VaynerNFT President Avery Akkeneni, and Burrata Co-Founder Jeff Carvalho—especially considering the critical role that aesthetics and user experience play for pioneers diving into the evolving landscapes of Web3.
With that in mind, it's interesting to observe how Permissionless is organized—the color palette and overall vibe reflect a somewhat corporate, digitally-savvy interpretation of the softer, millennial aesthetics seen in A16z's report released yesterday. The conference has included activities like morning coffee networking and an NFT gallery, along with evening festivities along Clematis Street where various speakers have hosted gatherings at local bars and restaurants. The event commenced with a Gatsby-themed croquet party on Monday night—an intriguing take, especially in light of recent developments and the themes present in Fitzgerald's novel. Tomorrow night, Permissionless will wrap up with a closing celebration featuring artists 3LAU, AMICAZ, and PLS&TY.
From our perspective, it's clear that if the crypto community genuinely seeks to transform the world, engaging in dialogue with it is crucial; otherwise, the sector risks becoming an echo chamber reminiscent of the very systems they claim to disrupt. Permissionless still has several days to unfold—let's observe how the conversations develop.
A financial publisher has made headlines by investing an unprecedented $5 million in digital real estate.
Instagram is moving into the world of NFTs—what implications does this hold for the expansion of Web3?
Read related posts:
- Weekly Fundraising Report for the Metaverse.
- Please be advised that the information presented on this page is not designed to be, and should not be construed as, legal, tax, investment, financial, or any other type of advisory. It is imperative to invest only what you can afford to lose and to seek independent financial guidance if uncertainties arise. For additional information, refer to the terms and conditions along with the help and support resources available from the issuer or advertiser. MetaversePost is dedicated to providing accurate and impartial reporting, but please be aware that market conditions can change without prior notice.
- Vittoria Benzine, an art writer and personal essayist based in Brooklyn, focuses her coverage on contemporary art through the lenses of human contexts, counterculture, and chaos magic. She writes for publications like Maxim, Hyperallergic, and Brooklyn Magazine, among others.
Disclaimer
In line with the Trust Project guidelines Cryptocurrencylistings.com’s MemeBox is integrating with the Solana ecosystem to enable enhanced on-chain asset trading.